Tag: bank

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First Mover Asia: Bitcoin Rally Stalls After US Central Bank Chair’s Comments; Ether Rises

First Mover Asia: Bitcoin Rally Stalls After US Central Bank Chair’s Comments; Ether Rises

Good morning. Here’s what’s happening this morning:Market moves: Bitcoin dropped on U.S. Fed Chair Powell’s comment, while ether gained more market [...]
CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec

CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec

Central bank digital currencies (CBDC), digital versions of national currencies introduced in response to growing cryptocurrency adoption, would be [...]
Indonesia’s Central Bank Wants to ‘Fight’ Crypto With CBDC

Indonesia’s Central Bank Wants to ‘Fight’ Crypto With CBDC

Indonesia is considering developing a central bank digital currency (CBDC) as one way to counter the use of cryptocurrency in the country.Juda Agun [...]
Hedera and Korea’s Shinhan Bank partner on KRW stablecoin pilot

Hedera and Korea’s Shinhan Bank partner on KRW stablecoin pilot

South Korea’s Shinhan Bank and Hedera Hashgraph (HBAR) have completed a proof of concept that is designed to conduct international remittances usin [...]
Nine companies refuse to be joined in bank forex trading case

Nine companies refuse to be joined in bank forex trading case

No case has been made by the Competition Commission against either Nedbank Group Ltd or Nedbank Ltd in its complaint against various banks for a [...]
Russians Conduct $5B Worth of Crypto Transactions a Year, Central Bank Says

Russians Conduct $5B Worth of Crypto Transactions a Year, Central Bank Says

“According to some indirect estimates, Russian investors in digital currencies are among the most active on the market,” the report said. Russia is [...]
A couple of bank analyst comments on Omicron – Goldman Sachs not changing its forecasts – ForexLive

A couple of bank analyst comments on Omicron – Goldman Sachs not changing its forecasts – ForexLive

A couple of bank analyst comments on Omicron - Goldman Sachs not changing its forecasts  ForexLive www.forexlive.com [...]
Video: What's next for the US dollar, euro, yen, gold and central bank tightening – ForexLive

Video: What's next for the US dollar, euro, yen, gold and central bank tightening – ForexLive

Video: What's next for the US dollar, euro, yen, gold and central bank tightening  ForexLive www.forexlive.com [...]
Russians transact $5B in crypto each year, Bank of Russia says

Russians transact $5B in crypto each year, Bank of Russia says

Russian people are among the world’s most active participants of the cryptocurrency market, according to the country’s central bank.The Bank of Rus [...]
Crypto poses no big risk to economy so far, Bank of Canada official says

Crypto poses no big risk to economy so far, Bank of Canada official says

Cryptocurrencies like Bitcoin (BTC) do not pose any significant risk to the financial system at their current level of adoption, according to Bank [...]
Bank of Japan Forms Committee to Coordinate CBDC Efforts

Bank of Japan Forms Committee to Coordinate CBDC Efforts

While the Bank currently has no plan to issue central bank digital currency (CBDC), from the viewpoint of ensuring the stability and efficiency of [...]
Japanese Consortium Plans to Issue Bank Deposit-Like Digital Yen by 2022-End

Japanese Consortium Plans to Issue Bank Deposit-Like Digital Yen by 2022-End

Members of the Digital Currency Forum, include banks like MUFG Bank, Sumitomo Mitsui Banking Corp., Mizuho Bank, Japan Post Bank, industry heavywei [...]
Bank of England Governor Touts CBDCs Over Stablecoins: Report

Bank of England Governor Touts CBDCs Over Stablecoins: Report

The Governor of the Bank of England, Andrew Bailey, said that exploring a central bank digital currency (CBDC) would be better for financial stabil [...]
Bank of England sees CBDCs as a revolution for the future of money

Bank of England sees CBDCs as a revolution for the future of money

In an event streamed live on Wednesday, Bank of England governor Andrew Bailey and deputy governor for financial stability Sir Jon Cunliffe answer [...]
US Regulators Plan to Define Legal Bank Activities Around Crypto in 2022

US Regulators Plan to Define Legal Bank Activities Around Crypto in 2022

Over the next year, the group plans to “provide greater clarity” on whether custody, purchase/sale, loan, stablecoin issuance and holding crypto as [...]
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